Bridgeport Hospital

Bridgeport, CT Health careNAICS 622000

Self-funded health planPlan year 2024Renews January
2,229ParticipantsFirst year on file
$5.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 21Health care in CTBy participants

Overview

Bridgeport Hospital sponsors a self-funded health plan that covered 2,229 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,229
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Medical Insurance, plan 513 (2,229 participants); Prescription Plan, plan 519 (2,229 participants); Healthcare Flexible Spending Account, plan 518 (854 participants)
Broker compensation
$189K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Long-term disability4,055$2.4M$189K
Delta Dental of New Jersey, Inc.Dental4,499$1.8M—
Vision Service PlanVision1,936$371K—

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$5.3M/ year

Estimated prescription spend: 2,229 participants × $2,371 national average per member. Usually higher once dependents are counted.

$137K–$339K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$40K–$100K
Lower-cost therapeutic alternatives$59K–$123K
Generic pricing vs. actual cost$25K–$76K
PBM contract terms$13K–$40K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Bridgeport Hospital
Sponsor EIN
06-0646554
Plan numbers
513, 519, 518
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 06-0646554 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Bridgeport Hospital Employer Contribution Retirement Plan
Type
Defined contribution plan
Participants
7,278

About this data

Source: Bridgeport Hospital's Form 5500 filing for plan year 2024 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Bridgeport Hospital.

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